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* Originally published on Calcalist , April 20 2023 Since the day ChatGPT was introduced in November 2022, it has become the fastest growing consumer product, putting the words ‘generativeAI’ in the mainstream. Every day, we hear about new products and services that are meant to enhance human creativity and productivity.
Understanding how an AI works is essential to fostering trust and confidence in AIproduction models. They can generate a prediction, but it is very difficult to understand or explain how it arrived at its prediction. An AI can understand spoken language. Generative Design of Physical Products.
GenerativeAI is already being used in developer workflows. We expect AI to further augment content creation pipelines by generating images, audio, video, and code. The applications for generativeAI are vast, for us at Remagine Ventures, naturally the impact it can have on gaming is really significant.
While incumbents like Amazon, Google, and Microsoft have vast resources and existing integrations, startups have the advantage of speed, focus, and the ability to attract top AI talent interested in building from the ground up. When it comes to GenerativeAI, the incumbents are not resting on their laurels.
Way to go Itamar Golan and team Prompt Security on your $18M series A to help companies secure their generativeAI tools! series A to help authors self-publish their books with the help of AI! Great milestone Dvir Hoffman and team CommBox on your $15M series B to build the future of customer experience powered by AI!
billion on 78 generativeAI deals —almost as much as was invested in all of the previous 5 years combined, according to PitchBook data. According to a new industry report by Skyquest , AI will contribute $15.7 trillion coming from increased productivity and $9.1 The global generativeAI market was valued at USD 8.12
And new technologies, like generativeAI, are creating new opportunities for founders to stand out in the consumer space. Lighttricks – the suite of mobile apps for photo and video editing, and most recently generativeAI photo and video generation. Much has changed since then. Funding undisclosed.
GitHub copilot is expanding beyond OpenAI and also supporting AI models from Google and Anthropic. It launched Spark , an AI tool that helps anyone build web apps. The company has released a new product called Google Learn About. ElevenLabs has created an app that generates a unique voice based on your X profile.
OpenAI is going head to head with Google with a new search product called SearchGPT. To add more heat, Microsoft launched generativeAI search results for Bing. Mistral AI released two new open-source LLM models (Nemo in partnership with NVIDIA ) and Large 2. AI at Meta launched LLaMa 3.1,
Abrams discusses how “ Westworld ” explored “this question about what it is to be human… Yes, there are real things about creating robots and AI, but what you’re really telling is this entire story that plays out all of these very canonical human tendencies.”. Tune in to the full Graymatter episode below. Hi, everyone. I’m Reid Hoffman.
Two of our latest investments in 2024 (still in stealth) are the Agentic AI space: a product manager co-pilot (starting with gaming and consumer apps) as well as an agent-to-agent service for the transactional web. At Remagine Ventures we’re active deploying in this space.
.” – Steve Jobs NEW FUNDING ROUNDS Congrats Ido Wiesenberg and team Voyantis on securing a $41M series B to support companies with AI driven marketing spend and revenue prediction! Kudos Roi Tiger on raising a rumoured $20M seed round for a new cybersecurity startup still in stealth! Well done Ouriel Ohayon ??
The real numbers are likely to be much higher as Israeli startups choose to stay in stealth mode more than ever before. There has been no better time to invest in Israel , according to Juan Delgado-Moreira , co-CEO of $870 billion asset management firm Hamilton Lane – I agree!
Until now, the majority of the value in generativeAI has been captured by the infrastructure layer: foundational models (LLMs), the cloud providers and the hardware infrastructure/ data centres. However now, the AI landscape is undergoing a significant shift, prompting a crucial question: Where will the future value of AI accrue?
NVIDIA introduced the Jetson Orin Nano Super Developer Kit, a $249 compact generativeAI supercomputer that delivers significant performance gains at half the previous model’s price. Here’s to wishing for more miracles and a calmer, happier and more productive 2025.
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